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06-27-2005 Council Packet
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06-27-2005 Council Packet
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DATE: March 24,2005 <br />ITEM NO: <br />REQUEST FOR COUNCIL ACTION <br />••rcTligQ <br />JUN ;; 7 2C05 <br />CIIYOFORONO <br />Departmeat Approval: <br />NaaM Ronald J. Moone <br />THk City Administrator <br />Administrator Reviewed:Agenda Section: <br />City Administrator's Report <br />Item Dcseriptioa: Ctegolar Water Tower Lease Agreement <br />Cingular applied to place twelve antennas on the Navarre water tower. A lease agreement, <br />with a five year initial term and 3 five year renewals, similar to the City’s other water tower lease <br />agreements, has been negotiated with Cingular. The lease rate is $20,400 per year. This amount <br />will be increased by a minimum of 5% or the CPI increase each year of the agreement. <br />COUNCIL ACTION REQUESTED <br />Motion to approve the lease agreement ivith Cingular for the placeinent of antennas on <br />^gyurc water tower, and to authorize the Mayor and City Administrator to sign the <br />lease agreement <br />-mm <br />. : ..V. •• <br />■ ■■■■ > Vh-Is ^ <br />r> I rfi'n Vit <br />1
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